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By Parsimony Investment Research:We've caught a little flak from Apple (AAPL) bulls in recent months arguing that our current target "Buy Zone" for the stock is way too conservative. Well, today we are raising our target (albeit ever so slightly).

Apple Inc.’s (NASDAQ:AJAPL) rise in the last few decades to become one of the leading brands in the world has not only been important for the company itself but has also had a knock-on effect for the industry as a whole. It can be argued that Apple was the company to raise the bar and encourage technological innovation that has seen, for example, MP3 players becoming an integral part of smartphones. Ascent Solar Technologies, Inc.

NEW YORK (Reuters) - Investors in David Einhorn's Greenlight Capital Management's offshore gold fund were down 11.8 percent in June, bringing their year-to-date losses in the fund to 20 percent, two sources close to the matter said on Sunday.

The Nikkei fell about 6.5% last week. There was speculation that foreign investors, who had bought tens of billions of dollar worth of Japanese shares since Abe was elected prime minister, had begun taking profits.

In the year-and-a-half since Steve Jobs died, Apple has undergone a remarkable transformation. Shares of the world’s most celebrated tech company have declined by 40% over the past eight months, wiping out hundreds of billions in shareholder value and costing the company the title of the world’s largest firm by market capitalization, a distinction that once again belongs to energy giant Exxon Mobil. Last week, Apple shares fell below $400 for the first time since December 2011 after one of its key suppliers delivered a downbeat forecast.

In the year-and-a-half since Steve Jobs died, Apple has undergone a remarkable transformation. Shares of the world’s most celebrated tech company have declined by 40% over the past eight months, wiping out hundreds of billions in shareholder value and costing the company the title of the world’s largest firm by market capitalization, a distinction that once again belongs to energy giant Exxon Mobil. Last week, Apple shares fell below $400 for the first time since December 2011 after one of its key suppliers delivered a downbeat forecast.

So far, 2013 isn’t proving much fun, despite fresh eurozone crisis, plus ongoing attacks on the value of currency by central banks everywhere.
How come? Money managers have clearly grown tired of the financial crisis, if not blase. After a full decade of year-on-year gains, gold’s drop is a natural outcome, and by no means does this fall undermine gold’s safe haven appeal. It may well, however, be costing you money you’d really rather not lose.
So what’s our take? For what it’s worth…

By A. I. Houriani:In the looming global economic crisis, investors have begun panicking about their "golden investments". We've already seen Nasdaq dip 9.2% since early April and the Dow fall 6.6% just this month alone. What has happened though? We've seen record profits, strong balance sheets, and an overall strong outlook for U.S. companies, but something has to have occurred for investors to begin panicking in such an extreme. The answer?